The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 19, 2026 for IGE (India) ....

Date: August 19, 2026 1) BSE Limited Floor 25, P. J. Towers, Dalal Street, Mumbai, Mumbai – 400001. 2) Elpro International Limited 17th Floor, Nirmal, Nariman Point Mumbai, Maharashtra - 400021 Dear Sir, Madam, Sub: Disclosure pursuant to Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (“Takeover Regulations”) and SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 7, 2019 read with SEBI Circular No. CIR/CFD/POLICYCELL/3/2015 dated August 5, 2015 (“SEBI Circulars”), inter alia in relation to creation/ release (as applicable) of pledge and other encumbrances over the equity shares of Elpro International Limited (“Target Company”). Ref: Disclosures dated June 19, 2026, June 23, 2026, June 24, 2026 and July 14, 2026, made pursuant to Regulation 31 of the Takeover Regulations. In continuation of our earlier disclosures dated June 19, 2026, June 23, 2026, June 24, 2026 and July 14, 2026 and further to the responses dated July 20, 2026 submitted by the Target Company to the queries dated July 10, 2026, received from BSE Limited, please find attached the revised disclosures in “Annexure I” and “Annexure II”, in accordance with Regulation 31 of the Takeover Regulations read with the SEBI Circulars. Please take the same on record and disseminate the same. For I G E (India) Private Limited Arpit Tapadia Director DIN: 09837980 Encl.: Annexure I and Annexure II ANNEXURE 1 Disclosure by the Promoters to the Stock Exchanges and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of Regulations 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Elpro International Limited (“Company” or “Target Company”) Names of the stock exchanges where the shares of the target company are listed BSE Limited Date of reporting Revised Reporting on August 19, 2026 (for disclosures reported on June 19, 2026; June 23, 2026; June 24, 2026; and July 14, 2026) Names of the promoters or PAC on whose shares encumbrance has been created/ released/ IGE (India) Private Limited (for pledge and other encumbrance) and other members of the promoter/ promoter group of the Company (excluding International invoked Conveyors Limited) (for other encumbrance) Details of the creation of encumbrance: Pledge and Other Encumbrances Post event holding of Promoter holding in the Promoter holding Details of events pertaining to encumbrance encumbered shares target company (1) already encumbered (2) (3) {creation [(2)+(3)]/release Name of the [(2)-(3)]/invocation [(1)-(3)]} promoter(s) Type of Date of or PACs with Type of event encumbrance Name of the entity in % of total % of total creation/ % of total him* (creation / (pledge/ lien/ non % of share whose favour shares Number share Number share release/ Reasons for encumbrance** Number Number share release / disposal capital encumbered capital capital invocation of capital invocation) undertaking/ *** encumbrance others) Yamini 56,219 0.03% - - Creation (security July 11, 2026 Others Security for the additional 56,219(1) 0.03%(1) In favour of CTL 56,219 0.03% Dabriwala for the additional rupee term loan facility (with Trusteeship Limited acting rupee term loan bank guarantee facility as a as Security Trustee (the facility availed by sub-limit) availed by Zenox name of the lender is Kotak Zenox Technology Services Private Mahindra Bank Limited) Technology Limited Services Private Limited) Surbhit 3,97,800 0.23% - - Creation (security July 11, 2026 Others Security for the additional 3,97,800(1) 0.23%(1) In favour of CTL 3,97,800 0.23% Dabriwala for the additional rupee term loan facility (with Trusteeship Limited acting rupee term loan bank guarantee facility as a as Security Trustee (the facility availed by sub-limit) availed by Zenox name of the lender is Kotak Zenox Technology Services Private Mahindra Bank Limited) Technology Limited Services Private Limited) International 77 0.00% - - - - - - - - - - - Conveyors Limited R.C.A. 1,16,08,548 6.85% - - Creation June 17, 2026 Others Collateral for issuance of 1,16,08,548(2) 6.85%(2) In favour of CTL 1,16,08,548 6.85% Limited (collateral for debentures by company/ group Trusteeship Limited acting issuance of companies as Debenture Trustee (as debentures by on date, the name of the company/ group lender is DSP Finance companies) Private Limited) 1,16,08,548 6.85% Creation (security July 11, 2026 Others Security for the additional 1,16,08,548(3) 6.85%(3) In favour of CTL for the additional rupee term loan facility (with Trusteeship Limited acting rupee term loan bank guarantee facility as a as Security Trustee (the facility availed by sub-limit) availed by Zenox name of the lender is Kotak Zenox Technology Services Private Mahindra Bank Limited) Technology Limited Services Private Limited) I G E (India) 11,50,46,326 67.88% - - Creation June 17, 2026 Pledge and Collateral for issuance of 11,50,46,326 67.88% In favour of CTL 11,50,46,326 67.88% Private (collateral for Others debentures by company/ group (pledge on (pledge on Trusteeship Limited acting Limited issuance of companies 9,82,97,894 58.00% shares as Debenture Trustee (as debentures by shares and and other on date, the name of the company/ group other encumbrance lender is DSP Finance companies) encumbrance on all of the Private Limited) on all 67.88% 11,50,46,326 shares)(4) shares)(4) 11,50,46,326 67.88% Creation June 19, 2026 Pledge Collateral for issuance of 58,77,266 3.47% In favour of CTL 11,50,46,326 67.88% (collateral for debentures by company/ group Trusteeship Limited acting issuance of companies as Debenture Trustee (as debentures by on date, the name of the company/ group lender is DSP Finance companies) Private Limited) 11,50,46,326 67.88% Creation June 22, 2026 Pledge Collateral for issuance of 59,86,273 3.53% In favour of CTL 11,50,46,326 67.88% (collateral for debentures by company/ group Trusteeship Limited acting issuance of companies as Debenture Trustee (as debentures by on date, the name of the company/ group lender is DSP Finance companies) Private Limited) 11,50,46,326 67.88% Release June 23, 2026 Pledge NA 1,18,63,539 7.00% In favour of CTL 11,50,46,326 67.88% Release of Pledge Trusteeship Limited acting as Debenture Trustee (as on date, the name of the lender is DSP Finance Private Limited) 11,50,46,326 67.88% Creation (security July 11, 2026 Pledge and Security for the additional 11,50,46,326 67.88% In favour of CTL 11,50,46,326 67.88% for the additional Others rupee term loan facility availed (pledge on (pledge on Trusteeship Limited acting rupee term loan by Zenox Technology Services 8,64,34,355 51.00% as Security Trustee (the facility availed by Private Limited shares, non- shares, non- name of the lender is Kotak Zenox disposal disposal Mahindra Bank Limited) Technology undertaking on undertaking on Services Private 1,67,48,432 9.88% shares, Limited) shares, and and other other encumbrance encumbrance on all of the on all 67.88% 11,50,46,326 shares)(5) shares)(5) Total 12,71,08,970 75.00% 12,66,54,874 74.73% - - - - 12,71,08,893 75.00%(6) - 12,71,08,893 75.00%(6) (1) The facility agreement dated July 11, 2026 entered into between Zenox Technology Services Private Limited, Kotak Mahindra Bank Limited (lender) and CTL Trusteeship Limited (security trustee), as may be amended/ restated from time to time (“Facility Agreement”), contains a contractual covenant in respect of IGE to procure non-dilution of shareholding of individual promoters in the Company, which may fall within the definition of “encumbrance” under Chapter V of the Takeover Regulations and is being disclosed out of abundant caution. Further, the deed of corporate guarantee dated July 11, 2026 entered into between I G E (India) Private Limited (as the guarantor) and CTL Trusteeship Limited (as the security trustee) (“Deed of Corporate Guara [Showing first 8,000 characters — download PDF for full document]